Archer Aviation Inc ACHR

Alternate Symbol(s): ACHR.WS

Archer Aviation Inc. is an aerospace company. The Company is engaged in designing and developing electric vertical takeoff and landing (eVTOL) aircraft for use in urban air mobility (UAM) networks. The Company’s eVTOL aircraft are designed to be safe, sustainable, and quiet. Its production aircraft, Midnight, is designed around its proprietary 12-tilt-6 aircraft configuration. Midnight is designed to carry four passengers plus a pilot optimized for back-to-back short distance trips of around 20-miles, with minimal charging time between trips. It intends to operate two complementary lines of business: a direct-to-consumer aerial ride share service (Archer UAM) and the sale of its aircraft to other operators (Archer Direct). Midnight is the evolution of its demonstrator eVTOL aircraft, Maker, which through its flight test program has helped validate its proprietary 12-tilt-6 aircraft configuration and certain key enabling technologies.

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Archer Aviation Inc

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Post by MarketPilot38on Nov 29, 2024 4:35am

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FAA Certification Hurdles... Is $ACHR Gonna Make It

Guys, I'm really following $ACHR closely but gotta say, the FAA certification process is looking like a major speed bump. They're still a few years away from getting Midnight off the ground for real, and that’s a huge risk for anyone holding long. It’s all about patience, but remember—this is a high-stakes bet. Their tech looks solid, but if the FAA drags their feet or if competitors like Joby get the green light first, we could see some big moves either way.By the way, I'm also keeping an eye on $BOLT. There’s some buzz around it, and people are saying it could be ready to take off soon. If Archer gets stuck in the regulatory bottleneck, $BOLT might be the better play for the short term. Thoughts on both?

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